Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: EUR/CHF eyes 110-EMA at 1.1360, good to go long on dips

EUR/CHF chart on Trading View used for analysis

  • EUR/CHF trades 0.08% higher on the day at 1.1330 at 1150 GMT.
     
  • The pair js extending upside after forming a double bottom at 1.1183.
     
  • Technical studies are bullish, Stochs and RSI are sharply higher.
     
  • Price action has broken above 55-EMA and is on track to test 110-EMA at 1.1360.
     
  • Breakout at 110-EMA eyes next major resistance at 1.1433 (Nov 16 high) ahead of 200-DMA at 1.1487.
     
  • Break below immediate support at 5-DMA could see weakness till double bottom at 1.1183.

Recommendation: Good to go long on dips, SL: 1.1292, TP: 1.1360/ 1.14/ 1.1430

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

February 22 20:00 UTC Released

USFCOJ Stock

Actual

0.548 Pounds B

Forecast

Previous

0.529 Pounds B

February 22 20:00 UTC Released

USBeef Stocks

Actual

495.624 Pounds M

Forecast

Previous

514.72 Pounds M

January 31 00:00 UTC 560101560101m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 560101560101m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 571921571921m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 560101560101m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 571921571921m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 560101560101m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 560101560101m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 560101560101m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.